Rent 2 Rent How it Works
Is rent to rent a good strategy? Shaz explains exactly what rent to rent is, how to make it work, what the challenges are and the way to effectively scale a rent to rent business Rent to rent and rent to SA are great ways to get into the property market because there is little money down. Listen in and hear about how to get into the property market and build a successful rent to rent business
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Show Notes
Is rent to rent a good strategy?
Shaz explains exactly what rent to rent is, how to make it work, what the challenges are and the way to effectively scale a rent to rent business
Rent to rent and rent to SA are great ways to get into the property market because there is little money down. Listen in and hear about how to get into the property market and build a successful rent to rent business
KEY TAKEAWAYS
- You can use HMO or single lets for rent to rent
- You can do rent to Serviced Accommodation, rent the property and then let it out by the night
- Rent to SA will create more cash flow than rent to rent
- For a minimum amount, you can create really good cash flow
- Rent to rent and rent to SA is a good way to enter the property market
- Once you get into the property market with rent to rent it opens up other opportunities and strategies
- Stress test the numbers with the worst possible scenario to make sure it works
- There is no capital appreciation but there is value in the business you build
- As you scale you will have the cash to invest in properties
- You need to have a good legal agreement with the landlord
- Be upfront about what you are going to do, always be open and transparent
BEST MOMENTS
‘You are the deal maker, making it work’
‘Rent to SA is incredibly popular and works really well’
VALUABLE RESOURCES
ABOUT THE HOST
Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.
Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.
He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
You can find Shaz on: